Mortgage Crisis Criminal Investigations Unit
Simon Johnson:
Breakthrough: Eric Schneiderman To Chair Mortgage Crisis Unit: As reported first in the Huffington Post, President Obama is creating “a special unit to investigate misconduct and illegalities that contributed to both the financial collapse and the mortgage crisis”. This will be chaired by Eric Schneiderman, the New York attorney general. For more background on why this makes sense and could represent a major policy breakthrough, please see this column: http://www.politico.com/news/stories/0112/71788.html
